Introducing Veil
The first zerocoin-based cryptocurrency with "always-on" privacy.
The Veil project was created to provide the crypto community with a truly private cryptocurrency possessing full-time anonymity and anonymity levels far surpassing any other project. Well-regarded blockchain developer Presstab leads the technical development team that includes highly capable developers such as random.zebra in collaboration with a community of expert cryptographers. Our mission is to develop and push the boundaries of cryptographic privacy protocols and we will establish a research lab called "Veil Labs" tasked with this goal.
The project will create a stable and high-performance transactional cryptocurrency with the most sound and sustainable economics and most seamless user experience. No superficial functionality will be added just for the sake of adding code. The software will be rigorously designed and coded for the best stability, usability and performance.Help us spread the word about Veil in the crypto community, and be rewarded!The bounty starts on March 26, 2019 and will be renewed monthly (every 4 weeks).
We aim to run the bounty for at least 3 months. If extended to one year, a total of 1,000,000 Veil will be distributed over that time. The reward amount may be reduced in subsequent years.Token Pool:- 100,000 Veil for the first month.
- 75,000 Veil per month from the second month onwards
- For the purpose of this bounty, a month is considered 4 weeks.
- Tokens will be distributed to successful applicants of the Twitter, Signature, Content Creation, Telegram, Reddit, Banner Advertising, Forum Advertising, Translation, Facebook and LinkedIn bounties.
- Tokens will be calculated and distributed on a monthly basis. Please allow 1-2 weeks lead-time for distribution as any stake issues are resolved.
How do stakes work?For the purposes of the Veil bounty, rewards are paid out in stakes, this means that the actual amount of Veil you receive as a result of your participation directly relates to the number of stakes you earn. Stakes do not have a fixed value, instead, they represent a fraction of the reward pool.
At the end of each month, the total number of stakes distributed for each bounty section will be calculated, and this number will be divided into the Veil allocation for that section to calculate the value of each stake.
For example, if a section has 10,000 Veil allocated, and there are 5,000 stakes earned by bounty hunters in that section in the last month, then 10,000 Veil / 5,000 stakes = 2 Veil per stake. You then multiply this number by the amount of stakes you received to calculate your rewards. E.g. If you earned 200 stakes, then you would earn 400 Veil in rewards for that month (200 stakes * 2 Veil = 400 Veil).
For example, looking at the
Please note that these stakes should NOT be confused with the staking rewards that are earned when you stake Veil in your wallet. Distribution Structure:Start Date: 26th March, 2019
Provisional End Date: 13th June, 2019 (bounty will be extended monthly)
The weeks are as follows:Month 01
Week #1: March 26 - April 01
Week #2: April 02 - April 08
Week #3: April 09 - April 16
Week #4: April 17 - April 23
Month 02
Subsequent months will be added once previous months end.
Format Month/Day
Twitter campaign: (6%)
Signature campaign: (17.5%)
Content Creation campaign: (20%)
Telegram campaign: (7.5%)
Reddit campaign: (12.5%)
Banner Advertising campaign: (4%)
Forum Advertising campaign: (17%)
Translation campaign: (5%)
Facebook campaign: (5%)
LinkedIn campaign: (5%)
Note: 0.5% of the bounty allocation will be distributed to users who assist with identifying bounty abusers/cheaters and for commissioning content.- All users must join the Bounty Support Group and Veil Bounty Group. You must remain both groups until the end of the bounty to qualify for rewards. Note that all questions, queries and support requests should be asked in the Bounty Support Group >> here << Whereas if you need technical support, use the Veil Telegram Community >> here << — do not PM the bounty managers with questions.
- You will require a Veil wallet to participate in this bounty. If you do not have one yet, you can use this tutorial to create one here.
- One account per person. Anybody caught farming the campaign, spamming, botting or cheating the campaign in any way will be rejected. We reserve the right to reject any applicant for any reason.
- The bounty managers reserve the right to edit rules, token allocation, structure and bounty allocation if necessary.
- The bounty managers reserve the right to reject any applicant for any reason if they suspect they might produce negative advertising for the project.
- Veil team members and BountyCloud team members are not allowed to receive bounty rewards.
- All token allocations are discretional. This bounty is an offer to treat, not a guarantee you will receive tokens for your work. Only work of a sufficient quality will qualify for stakes.
- Do not quote your previous reports. You must create a new report every week. Do not edit old reports as we will not check these.
- Users with DT- trust (red trust) are not allowed to participate in this campaign.
- Final stakes will be calculated on a monthly basis. You will have 5 days to raise any issues with these stakes, after which they will be locked in so that payment can be distributed in a timely fashion
- IMPORTANT: If applying to the Twitter, Signature, or Reddit bounty, you must also post your spreadsheet number in this thread to confirm your application, e.g. Confirming Twitter Application #44
Bounty program information in the second post.